Corporations Amendment (Client Money) Regulations 2017 (F2017L00455)
Schedule 1 Client money
Corporations Regulations 2001
3 In the appropriate position in Chapter 10
Insert:
Part 10.26 - Application provisions related to the Corporations Amendment (Client Money) Regulations 2017
10.26.01 Application of regulation 7.8.02A
(1) Subregulation 7.8.02A(1), as inserted by the Corporations Amendment (Client Money) Regulations 2017, applies in relation to payments made, on or after the commencement of this regulation, out of an account maintained for the purposes of section 981B of the Act, whether the relevant written direction was given before, on or after that commencement.
(2) Subregulation 7.8.02A(2), as inserted by the Corporations Amendment (Client Money) Regulations 2017, applies in relation to payments made, on or after the commencement of this regulation, out of an account maintained for the purposes of section 981B of the Act, whether the relevant entitlement was created before, on or after that commencement.
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